Thu, Nov 02, 2023
News quoting sources, amnesty scheme possible again for illiquid options. Decision possible in SEBI's next board meeting, plan to reduce base amount from ₹5 lakh to ₹1 lakh
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Thu, Jul 06, 2023
The 50th GST Council meeting will discuss the tax rate on online gaming on July 11. The outcome of the deliberations is uncertain, as it depends on the states' decision. A Group of Ministers had recommended a 28% tax on the full willing value of online gaming, but some states may object to increasing the tax.
Tue, Feb 21, 2023
Presumptive tax: The government in the budget 2023 extended the limit for presumptive tax for small businesses from Rs 2 crore to Rs 3 crore and for individual professionals from Rs 50 lakhs to Rs 75 lakhs.
Fri, Dec 30, 2022
Child influencer tax: Earning from social media solely depends on the views, number of followers, number of subscribers, engagement of the video, niche of the channel, and traffic source, etc, and income earned from any of the above means is taxable.
Sun, Nov 06, 2022
According to sources, the GST Council's Law Committee, which met in Bengaluru on Saturday, discussed the issues concerning definition for 'games of skill' and 'games of chance' with technical domain experts.
Tue, Aug 02, 2022
The GST Council has not imposed any new tax on essential items, the minister said while replying to a short-duration debate on price rise in the Rajya Sabha.
Fri, Jun 03, 2022
“Gold is considered a capital asset as per the Income Tax Act."
Fri, Apr 29, 2022
Wealth Guide - Akshaya Tritiya Special: The investor should know about the tax liabilities related to gold investment.
Fri, Mar 25, 2022
The Lok Sabha on Friday approved the Finance Bill, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal.
Thu, Mar 24, 2022
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets.
Wed, Aug 26, 2020
The industry had earlier this year raised concern over the directive on recovery of about Rs 46,000 crore of unpaid interest on delayed GST payment. The interest was charged on gross tax liability.
Mon, Nov 04, 2019
Union government consider a reduction in the total incidence of taxation to help the troubled sector.
Tue, Mar 06, 2018
The government will tomorrow pitch for a sovereign rating upgrade with global agency Fitch, highlighting reform push in taxation and PSU banks and its plans to gradually lower government debt.According to sources, representatives from Fitch are scheduled to meet Chief Economic Advisor Arvind Subr
Thu, Feb 01, 2018
Jaitley re-introduces standard deduction for salaried class upto Rs. 40,000 in lieu of transport, medical allowance. Standard deduction to cost Rs 8000 crore to government.
Fri, Apr 21, 2017
On April 19, the Ministry had sent another notification which stated that it has extended the date of making deposit under the Deposit Scheme upto 30th April, 2017
Tue, Feb 28, 2017
Snapdeal has launched GST Guru program to provide expert advice to its online sellers on the upcoming tax structure GST.
Mon, Jan 16, 2017
Commerce and Industry Minister Nirmala Sitharaman on Monday indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.
Fri, Aug 26, 2016
Earlier this week, the Cabinet gave its approval for the signing of the India-Cyprus Double Taxation Avoidance Agreement (DTAA) which will allow India to tax the capital gains of the companies based in India.
Mon, Apr 18, 2016
In the union budget, Finance Minister Arun Jaitley stuck to an ambitious pledge of reducing the fiscal deficit to 3.5 percent of gross domestic product from 3.9 percent, and improved tax collection could help meet that target.
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